Jumpstarting Your Career After Age 50

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WSJ Your Money Briefing 13 min 3 speakers 3 chapters transcribed 2 months ago
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Unknown 0:00
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Trenae Nuri 0:36
Here's your Money Briefing for Tuesday, February 22nd. I'm Trina Neri for The Wall Street Journal, filling in for J.R. Whalen. In today's hot hiring market, workers have had the upper hand for months now. But even with so many positions available, some candidates have a steeper climb than others. Staying competitive can be especially hard for workers over 50.
Ray A. Smith 0:58
Nearly one third of job seekers 55 and older were part of the long term unemployed. And that continues sort of this shadow of ageism in the job search process and the job listings process that aging people continue to face.
Trenae Nuri 1:17
So how can more experienced workers combat ageism while job hunting? We'll hear from one such worker about how she did it and from our WSJ reporter, Rae Smith, after the break.
Unknown 1:31
This podcast is brought to you by ReliaQuest. Cyber criminals are constantly attacking. They want your data. They want your identity. They want your innovation. ReliaQuest fortifies your business with agentic defense, AI that detects, contains, and eliminates cyber threats in minutes. It helps your security team move faster at the work that matters most to protect the business now and delivers insights to help them predict what's next. ReliaQuest, agentic defense for the enterprise. Learn more at ReliaQuest.com. That's R-E-L-I-A-Q-U-E-S-T.com.
Trenae Nuri 2:09
The pandemic has been especially hard for older workers who might be looking to move up or reclaim a job that was lost during the early months of lockdowns. Many workers 50 and up have yet to rejoin the workforce. Some have retired early and others may find it challenging to compete with younger workers. So how can a more experienced worker jumpstart their career? In a few minutes, we'll hear from one professional who's doing just that.

How does the episode introduce the problem older job seekers face in today’s hiring market?

Trenae Nuri 2:35
But first, let's bring in WSJ reporter Ray Smith. He's been writing about how workers are dealing with age discrimination in the job search. Hi, Ray. Thanks for being here.
Ray A. Smith 2:45
Thanks, Renee.
Trenae Nuri 2:46
Ray, first, can you break down some of the challenges older workers looking for a job experience, particularly over the past two years?
Ray A. Smith 2:54
The challenges they experience are a continuation of ageism that may have popped up in the job search or in job listings. And it can be subtle things like language that says high energy or recent grad. And so people have to really be conscious of some of those terms because it's not really... easy to define to say they didn't hire me because of age discrimination it's really a tough thing to prove and so sometimes it's really just a matter of the subtleties that you can tell or that you can suspect are behind why you're not being called back or why you're not being hired. These were things that have existed in job searches before, but during the pandemic, what we found is that workers over 50 haven't joined the jobs recovery to the same degree as younger peers have.
Ray A. Smith 3:52
And that's irrespective of whether they retired or not. It's nearly one third of job seekers 55 and older were part of the long term unemployed. And that continues sort of this shadow of ageism in the job search process and the job listings process that aging people continue to face.
Trenae Nuri 4:16
Well, for a firsthand account from someone who's gone through this, let's turn now to Jenny Rouse from Wisconsin. She started a new job as a customer success manager this month after losing her sales account manager position in a corporate acquisition last year. Jenny, you had been working in this field for several years. How did it feel when you were laid off?

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